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Traditional Chinese Medicine Hospitals in China: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Traditional Chinese Medicine Hospitals Market Research Report | Feb 2016

IBISWorld’s Traditional Chinese Medicine Hospitals market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$54bn
Annual Growth 11-16
16.3%
Annual Growth 16-21
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Profit
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Employment
831,463
Businesses
3,059
Industry Analysis & Industry Trends

Driven by government support and increasing demand from patients, the development of the Traditional Chinese Medicine Hospitals industry has accelerated in recent years. In 2016, revenue for this industry is expected to reach $53.7 billion, up 11.8% from 2015 and representing annualized growth of 16.3% from 2011.

For the Traditional Chinese Medicine Hospital industry, a growing number of patients has ensured revenue and profitability increases. Profitability ihas risen from 0.9% in 2007 to an estimated 4.6% in 2016. The scale of traditional Chinese medicine hospitals has also been expanding. There are about 3,059 traditional Chinese medicine hospitals in China, each containing 252 beds on average.... purchase to read more

Industry Report - Industry Locations Chapter

The geographic spread of traditional Chinese medicine hospitals and the relevant beds are consistent with the regional population number in general.

Guangdong province has China's largest population number, accounting for about 7.8% of total. It is also one of China's most developed regions. In 2016, about 5.3% of total traditional Chinese medicine hospitals are expected to locate in Guangdong province, with 6.8% of beds proportions. With large populations, Henan and Shandong provinces also have relatively more traditional Chinese medicine hospitals and beds number than other provinces and regions... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Traditional Chinese Medicine Hospitals Industry?

The Traditional Chinese Medicine Hospital industry in China comprises licensed traditional Chinese medicine general hospitals and traditional Chinese medicine specialized hospitals. Integrated traditional Chinese and Western medicine hospitals and ethnic minority hospitals are not included in this industry.

Industry Products
Outpatient servicesInpatient servicesMedicine sales
 
Industry Activities
Diagnostics and examination servicesMedicine boiling servicesAcupuncture and moxibustion servicesManipulation services Scrape therapy servicesOther hospital services


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